When you owe money, you have a negative balance. You owe $200 to your bank. You pay $30 back. What is your new bank balance?
-$170
$230
-$200
-$230
What is your new bank balance after paying back $30 of the $200 you owe?
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Your new bank balance would be -$170.
Here’s the step-by-step explanation:
1. You started with a balance of -$200 (since you owe that amount).
2. When you pay $30 back, you are reducing your owed amount by that $30.
3. So, the calculation is: -$200 + $30 = -$170.
Therefore, your new bank balance is -$170.